$179,000
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110 Merifield Road Willis, VA 24380
General Commercial
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Make an investment into a cash flowing rental property! Remodeled and updated this property offers 2 units, proven cash flow and is currently occupied with tenants who are on a month to month and agreeable to stay! Approximately 2,088 sq ft encompasses the entire structure. The lower unit feature...s 1 BDR & BTH with an enclosed rear porch. Upper unit offers 2 BDR & 1 BTH. Split units supply both heat and air to each individual unit. Exterior of the building was remodeled in 2021 and interior completed in 2022. Larger well pump installed in 2023. Since remodel completion, the units have been consistently occupied by tenants making this a proven cash flow investment. The property cash flows approximately $24,600 annually. Property is located less than a half hour drive to Floyd and Hillsville VA.
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MLS#
422256
Property Type
General Commercial
Year Built
1975
Price per Sq. Ft.
$85.73
Lot Size
0.14
Sewer
Septic
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